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Binance launches a series of myth-busting educational resources

Singapore: The world of crypto and Web3 is usually a scary place – stuffed with myths, rumors, and inaccuracies, so this Halloween, Binance is launching an academic collection that goals to demystify the world of Web3 – taking the creepy out of crypto and making it one much less factor to be frightened by this Halloween. 

In a current social media ballot* to seek out out what individuals feared most in terms of crypto, it was revealed that almost 30% of respondents felt that not having sufficient data was sufficient to scare them off, and 42.8% stated there have been fears round market uncertainty and volatility. 

To assist individuals really feel much less spooked and to indicate that blockchain and digital property aren’t a load of hocus pocus, Binance is launching a brand new marketing campaign to assist debunk, educate and demystify – making the world of crypto – a lot much less creepy. 

Keep away from the “Crypto Creepies”

This Halloween, Binance has launched an academic collection on social media that may see ‘Winny the Web3 Witch’ exploring the commonest fears inside the Web3 world. Individuals will be capable to watch Winny embark on a ‘trick-or-treat journey’ through Twitter, the place widespread misconceptions, myths, and rumors can be dispelled.

The academic collection will look at 5 key areas that come up when individuals are requested what scares them about crypto, together with volatility, scams, regulation, and utility.  You possibly can see the trailer for the collection here.

Debunking crypto FUD (Worry, Uncertainty, Doubt) 

To comply with the academic collection on social media, Binance believes it’s essential to unpack a number of the questions surrounding the trade and dispel a number of the FUDs (fears, uncertainties, and doubts) within the crypto and Web3 world.

Binance can be exploring quite a lot of questions – bringing collectively impartial analysis and knowledge from numerous sources to clarify the true info to counter quite a lot of widespread myths. A typical delusion, for instance, is that ‘crypto is utilized by principally criminals’; nonetheless, the info are that crypto is now utilized by near 300 million individuals worldwide. 

One other widespread delusion is that  ‘crypto is just not being secure or safe.’ In distinction, the info set out that the transparency of blockchain expertise, in addition to numerous instruments and databases which are used within the crypto world, keep a really secure and safe infrastructure.

For extra analysis on a spread of crypto and Web3 matters, go to Binance’s analysis weblog

A wealth of training sources accessible to all:

There’s additionally a variety of academic supplies accessible to everybody on Binance Academy,  a devoted training portal with every part from the fundamentals of crypto by way of to constructing a crypto portfolio or extra superior studying like studying about margin buying and selling and if that’s not tempting sufficient – you may even earn (crypto) whilst you be taught.